Voyage Charter Party

I have written couple of articles regarding charter party contracts and charter party bills of lading so far on my website such as what is a charter party bill of lading?, is it possible to submit a charter party bill of lading instead of a marine bill of lading under a letter of credit payment? and who can sign a charter party bill of lading as per UCP 600? and time charter parties.

Today I would like to explain voyage charter party contracts.

Voyage charter party is a type of charter party contract, which is used in maritime industry when chartering bulk cargo vessels for carriage of specific cargo within a pre-determined route.

Other charter party contract types are known as bareboat charter and time charter.


Time Charter Party


Today I would like to explain time charter party contracts. 

Time charter party is a type of charter party contract, which is used in maritime industry when chartering bulk cargo vessels for a specific period of time.  


Other charter party contract types are known as bareboat charter and voyage charter.

Who can sign a charter party bill of lading as per UCP 600?

Letter of credit rules give special attention to transport documents.

If you read the latest version of letter of credit rules, UCP 600, you will realize that all transport documents have been specified in very detail.

UCP 600 rules define by whom each transport document must be signed in order be acceptable under letter of credit transactions.

For example UCP 600 article 20 states that a bill of lading, however named, must appear to indicate the name of the carrier and be signed by the carrier or a named agent for or on behalf of the carrier, or the master or a named agent for or on behalf of the master.


Today I would like to explain by whom a charter party bill of lading should be signed as per UCP 600?